Exhibit 3 Recent Market Prices of Publicly Traded Cumberland Securities
		Latest 12 Months		Latest 5 Years
	9/5/89	High	Low	High	Low
Cumber land
8 3/4's of '02	$40	$80 1/2	$33	$90	$33
10 5/8's of '13	9 5/8	50	7 1/2	89	7 1/2
$2.75 Preference Stock	2 1/2	10	2 1/2	26 3/8	2 1/2
Common Stock	1 1/2	15	3/4	44	3/4
Face value	100
preferred stock outstanding	4972012
cmmon stock outstanding	12,025,090

which are the current (9/5/89) market values of its debt obligation, preferred stocks, and common stocks? calculate total market value of securities.